5 ms·
My opinion is DEI hires are way out of whack with the market. Low skilled / low talent in many cases and lower competence but in a ZIRP environment I saw so ma
by anonreeeeplor 3y ago
My opinion is DEI hires are way out of whack with the market.
Low skilled / low talent in many cases and lower competence but in a ZIRP environment I saw so many situations where women and minorities were hired and given leadership roles, with massively streamlined hiring processes.
When the bottom line doesn’t matter these kinds of hires really proliferated.
I wonder if we will see a hard reset back to competence as the most in demand quality.
And yes I am assuming she is a DEI hire, $180K for four years of experience unless she was like a backend or ai engineer is crazy.
- CoastalCoder 3y agoI haven't checked the statistics, but I suspect you're mistaken about the DEI angle here. Until about 1 year ago, I think many companies were paying new-ish software developers well north of $150k. Especially VC-funded companies.
- and0 3y ago$180k within four years is more than reasonable if you get into FAANG. I've had plenty of kids right out of college asking for $140k and getting it from other companies, and this was 5 years ago, so within four years of typical ZIRP job hoping I'd say that's relatively normal. Please don't assume anyone is hired for diversity reasons. That's really awful.
- lylejantzi3rd 3y ago> this was 5 years ago That was then. This is now. Salaries fluctuate, both up AND down. Just ask anybody who was around in 2001 or 2008.
- ahahahahah 3y agoFour years?!? $180k is pretty typical first year new grad compensation in faang.
- cj 3y agoI don’t think the salary level was due to diversity. I think it was due to the person being hired by a hyper growth VC backed startup which was acquired by UPS/Shopify (who then went on a cost cutting campaign post-acquisition)
- ofcourseyoudo 3y agoCringeworthy dichotomy between "women and minorities" and "competence" you established there.